Tag Archives: TAB

VRC, Tabcorp & Nine to grow Melbourne Cup in new broadcast deal

SBC News VRC, Tabcorp & Nine to grow Melbourne Cup in new broadcast deal

The Victoria Racing Club (VRC), Tabcorp and Nine Entertainment (Nine) have formed a broadcast, media and sponsorship deal for the Melbourne Cup Carnival. The partnership, running from 2024 to 2029, will see the four-day Australian horse racing meeting broadcast on all Tabcorp-operated Sky platforms and the TAB app, with the betting firm having the right to on-sell coverage to other …

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Tabcorp wins exclusive Victoria 2024-to-2043 wagering licence

VGCCC hands largest ever AUS$1m fine to Tabcorp

Tabcorp Holdings has won the exclusive tender to operate the Wagering and Betting Licence of the State of Victoria. 2024 will see the Victorian government modernise the state’s wagering regime to improve consumer protections and tax collection from betting duties. Tabcorp’s flagship TAB brand will serve as the exclusive operator for retail wagering and betting in Victorian pubs for a …

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Victoria government told to copy primetime ban on gambling advertising

SBC News Victoria government told to copy primetime ban on gambling advertising

The Public Accounts and Estimates Committee (PAEC) of the Australian state of  Victoria has called for stricter regulations on gambling advertising. The public body has recommended that its state government align with South Australia’s policy, which bans gambling adverts on TV from 4pm to 7:30pm. The recommendation forms part of the PAEC report, following an eight-month review of three Auditor-General …

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TAB venues face VGCCC wrath over minor gambling breaches

VGCCC hands largest ever AUS$1m fine to Tabcorp

Tabcorp along with eight venues have been charged by the Victorian Gambling and Casino Control Commission (VGCCC) for allegedly allowing minors to gamble. In breach of the Gambling Regulation Act 2003, Tabcorp faces a total of 54 charges from the VGCCC, including 27 counts of allowing a minor to gamble and failing to reasonably supervise its electronic betting terminals. The VGCCC has charged eight …

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Tabcorp resolves Australian Tax Office dispute for AUD$83m refund

Tabcorp resolves Australian Tax Office dispute for AUD$83m refund

Tabcorp Holdings has received an AUD$83m refund from the Australian Tax Office (ATO) after settling a dispute with the government body. The operator, one of the market leaders in Australian betting and gaming via its TAB sportsbook brand, had been at loggerheads with the ATO regarding income tax treatment of payments for ‘various licences and authorities’. The $83m refund represents …

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VGCCC hands largest ever AUS$1m fine to Tabcorp

VGCCC hands largest ever AUS$1m fine to Tabcorp

The Victorian Gambling and Casino Control Commission (VGCCC) has completed a three-year investigation into Tabcorp, issuing the firm a fine of AUS$1m (€6m). Tabcorp, the largest gaming company in Australia and one of the market leaders in sports betting via its TAB brand, was charged with failing to comply with VGCCC directives to provide information during an outage. The ASX-listed …

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Tabcorp returns to black accelerating 2025 vision

Adam Rytenskild

Tabcorp has stated that it has achieved the year-1 objectives of its business transformation following its demerger from Tatts Group, in line with the group’s new TAB25 corporate strategy.  Publishing its 2022/2023 financial accounts, the reorganised ASX sports betting group achieved corporate revenues of AUS $2.43bn (€1.45bn). A year following its demerger from Tatts lotteries, the commercial make-up of Tabcorp …

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TAB named first supporter in gambling sector of Women’s World Cup

SBC News TAB named first supporter in gambling sector of Women’s World Cup

FIFA has revealed New Zealand betting agency TAB as the first gambling sponsor of the Women’s World Cup. TAB NZ will be promoted across the four New Zealand stadiums from 20 July – 20 Aug, but the value of the sponsorship has not been disclosed.  In detail, the tournament, which is being co-hosted with Australia, sees the Wellington-based company become …

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Tabcorp keeps faith in business transformation after 1H23 rebound

tabcorp

Tabcorp’s market leadership position in Australia remains steady as the company reported a small increase in revenue in the second half of 2022, softening the blow of retail closures during the first six months of the year. Issuing an update to its ASX investors covering H123 (30 June-31 December 2022), the betting, gaming and media group reported a 10.6% increase …

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Tabcorp extends visibility for TAB sportsbook with North Queensland Cowboys

North Queensland Cowboys, Tabcorp TAB

Tabcorp has extended the reach of its flagship TAB sports betting brand, securing a partnership with the North Queensland Cowboys rugby league team. Part of the top-flight National Rugby League (NRL), the Cowboys have named sports and racing betting operator TAB as a platinum partner under the multi-year agreement. As a result, the TAB logo will be featured on the …

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